by Lara | May 9, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Monday to a target at 2,063. Price moved higher, to 2,064.15. Summary: Downwards movement may produce a red candlestick for Tuesday towards a target at 2,031. This is expected to be a fifth wave of the first impulse down...
by Lara | May 7, 2016 | S&P 500, S&P 500 + DJIA |
A small green candlestick or a doji were expected for Friday’s session. Friday completes a small green candlestick. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and...
by Lara | May 5, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected. A small red doji fits the expecatation for the session. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical...
by Lara | Apr 30, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected downwards movement for Friday to a target at 2,046. Downwards movement unfolded as expected, but fell 6.28 points short of the target. Summary: The probability that the upwards wave is over and the next wave down has begun is very...
by Lara | Apr 28, 2016 | S&P 500, S&P 500 + DJIA |
So far it looks like the alternate hourly Elliott wave count may be right, but we still don’t have price confirmation. Both hourly charts will expect the same movement next for the short term. Summary: In the short term, a small fourth wave may move higher and...
by Lara | Apr 21, 2016 | S&P 500, S&P 500 + DJIA |
There are two hourly Elliott wave counts with very important differences. The alternate is entirely possible and outlines confirmation points and trend channels. Summary: It is possible that a high is in place, but we should always assume the trend remains the same...
by Lara | Apr 18, 2016 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected for Monday’s session from the main Elliott wave count. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Apr 7, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This is not what happened. Price remains above the invalidation point on the hourly chart. The Elliott wave count remains on track. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to...